11 arrested for ATM fraud charges in Bangladesh

11 people allegedly involved in ATM card forgery have been arrested in Bangladesh capital Dhaka.

Bangladesh's anti-crime elite force Rapid Action Battalion (RAB) made the arrests from different parts of the capital city during separate raids, RAB spokesman Mufti Mahmud Khan told journalists at a press briefing on Wednesday.

He said that the offenders used to fish huge amount of money by cloning cards.

Khan said a stash of hundreds of fake ATM cards and card making and related materials were seized from their possessions.

In February last year four people including a foreigner allegedly involved in an ATM skimming scam were arrested in Bangladesh.

The 2016 instances of ATM card fraud in Bangladesh forced almost all the country's 56 banks to take precautionary measures, including temporarily shutting down transactions through the national payment switch (NPS), to safeguard the interests of clients.

The Bangladesh Bank had then instructed all banks to install anti-skimming devices, monitor the surveillance footage, and disallow third parties from repairing the machines.

Source: Xinhua